PropKaki
FreeholdRCRDistrict 5 (Queenstown)

Palm Green

Reviewed by Nathan TangUpdated 20 June 2026Data through Oct 2025 (URA)
Quick Summary

Palm Green is a freehold apartment in District 5 (Queenstown) that obtained TOP in 1999, with 40 units across 1 block. Units have recently transacted around S$1.33M (S$1,056 psf), from 84 sales on record.

1

What are the key facts about Palm Green?

Key Takeaway

Palm Green is a freehold apartment in District 5 (Queenstown) that obtained TOP in 1999, with 40 units across 1 block.

Tenure
Freehold
TOP / Completion
1999
Developer
PARKSTONE REAL ESTATE PTE LTD (ECICS PROPERTY LTD)
Total units
40
Blocks
1
District / Area
District 5 (Queenstown)
Market segment
RCR
Median PSF
S$1,056 psf
Last transacted
Oct 2025
Remaining lease
Freehold
2

What is the price and PSF at Palm Green?

Key Takeaway

Units have recently transacted around S$1.33M (S$1,056 psf), at a gross rental yield of about 2.5% (URA caveat data).

Recent median price

S$1.33M

recent · 84 sales on record

Median PSF

S$1,056 psf

recent transactions

Median rent (monthly)

S$2,801

283 rentals on record

Gross rental yield

2.5%

indicative, gross

Source: URA caveat data, through Oct 2025.

3

What has recently sold at Palm Green?

Key Takeaway

Palm Green has 84 recorded sales; the most recent transacted at S$1,680,000 in Oct 2025 (URA caveat data).

DatePriceSize (sqft)PSF
Oct 2025S$1,680,0001,130S$1,486 psf
Dec 2024S$1,780,0001,292S$1,378 psf
Apr 2024S$1,550,0001,292S$1,200 psf
Aug 2021S$1,240,0001,109S$1,118 psf
Jul 2021S$1,300,0001,130S$1,150 psf
May 2021S$1,580,0001,302S$1,213 psf
Mar 2021S$1,326,6651,410S$941 psf
Jan 2020S$1,330,0001,259S$1,056 psf
Jun 2019S$1,080,0001,130S$956 psf
Aug 2018S$1,450,0001,399S$1,036 psf
Sept 2017S$1,280,0001,367S$936 psf
Sept 2017S$1,200,0001,259S$953 psf

84 sales and 283 rentals on record since Dec 1997. Source: URA.

4

Where is Palm Green and what's nearby?

Key Takeaway

Palm Green is located in Queenstown, in the Central Region of Singapore.

Palm Green is a freehold apartment completed in 1999. It was developed by PARKSTONE REAL ESTATE PTE LTD (ECICS PROPERTY LTD). The development has 40 residential units. It sits on a land area of 3,516 sqm and has a gross floor area of 4,922 sqm. The plot ratio is 1.4.

PALM GREEN is located at 481 Pasir Panjang Road, Singapore 117621. It is part of District 05, Pasir Panjang / Hong Leong Garden / Clementi New Town, Queenstown. The project falls within the Central Region and the RCR market segment.

Nearby amenities include West Coast Plaza for shopping and Clementi Woods Park for greenery and recreation. Facilities in the development include Basement car park, Playground, 24 hours security, Swimming pool, and Wading pool.

5

How far is Palm Green from MRT and schools?

Key Takeaway

Schools nearby

  • Kent Ridge Secondary SchoolSecondary school1.2 km
  • Nus High School Of Mathematics And ScienceMixed-level school1.6 km
  • Anglo-Chinese School (Independent)Mixed-level school1.9 km
  • Nan Hua High SchoolSecondary school1.9 km

Shops, food & parks

Mall: West Coast Plaza · 1.4 kmPark: Clementi Woods Park · 877 m

Straight-line distances from the development. Source: PropKaki amenities data.

6

What facilities does Palm Green have?

Key Takeaway

Palm Green has 5 facilities, including Basement car park, Playground, 24 hours security, Swimming pool, and more.

Basement car parkPlayground24 hours securitySwimming poolWading pool
7

What does it cost to own a unit at Palm Green?

Key Takeaway

Buying a unit at Palm Green (~S$1.33M) needs about S$9,712/mo in income and S$4,468/mo in repayments, after S$37,667 stamp duty and a S$332k downpayment.

Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$1.33M) as their first home — 25% down, 30-year loan at 3.5% p.a. Rates as of May 2026. Run it for your own profile →

Buyer's Stamp Duty

S$37,667

BSD, tiered

Downpayment (25%)

S$332k

cash + CPF

Monthly instalment

S$4,468/mo

30y @ 3.5%

Income required

S$9,712/mo

TDSR @ stress rate

8

Frequently asked questions about Palm Green

What is the price at Palm Green?

Units at Palm Green have recently transacted around S$1.33M (S$1,056 psf), from 84 sales on record (URA caveat data).

Is Palm Green freehold or leasehold?

Palm Green is freehold.

When was Palm Green built?

Palm Green obtained TOP in 1999, developed by PARKSTONE REAL ESTATE PTE LTD (ECICS PROPERTY LTD).

What is the rental yield at Palm Green?

Gross rental yield at Palm Green is about 2.5%, based on median current rents and prices.

How many units are in Palm Green?

Palm Green has 40 units across 1 block.

What facilities does Palm Green have?

Palm Green has 5 facilities, including Basement car park, Playground, 24 hours security, Swimming pool, Wading pool.

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